Which of the following is an example of a common favor in business?
A. sharing information
B. making coffee
C. buying lunch
D. none of the above
Answer: A
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October November December Budgeted S&A Expenses Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?
A. $64,400 B. $23,700 C. $63,900 D. $68,900
Which of the following is true of bankruptcy/divorce fraud?
a. It involves only criminal proceedings b. It is growing at an alarming rate c. The main motivation is to keep assets from being taken d. Both a and c e. Both b and c f. All of the above
Focus groups can be used to address substantive issues such as ________
A) defining a problem more precisely B) generating new ideas about older products C) developing an approach to a problem D) interpreting previously obtained quantitative results
Before a check authorization is issued, the following documents must be in agreement, except for the
A) purchase order. B) receiving report. C) remittance advice. D) invoice.